The workforce behind the Official Melania Meme (MELANIA) token offered greater than $1.5 million of tokens over the previous three days, suggesting a programmatic promoting technique which will add draw back stress to the token.
The workforce behind the Melania memecoin offered one other $930,000 value of tokens on April 28, two days after promoting $630,000, in response to blockchain information.
The promoting patterns level to dollar-cost averaging (DCA), an funding technique used to purchase or promote a predetermined quantity of an asset at mounted instances, in response to crypto intelligence platform Lookonchain. It flagged the exercise in an April 28 put up on X, writing:
“The #Melania workforce didn’t simply add or take away liquidity to promote $MELANIA, additionally they employed a DCA technique for direct gross sales!”
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The DCA technique includes investing a specific amount of funds in an asset at common intervals, typically employed by traders to handle emotional decision-making.
Regardless of the workforce’s promoting, MELANIA staged an over 21% restoration in the course of the previous seven days, however stays round 96% beneath its all-time excessive of $13.7 recorded on Jan. 20 — the date of US President Donald Trump’s inauguration — in response to CoinMarketCap information.
In the meantime, some giant traders are betting on the Official Trump (TRUMP) memecoin’s value decline.
A newly created whale pockets deposited $1.33 million value of USDC (USDC) stablecoins to open a brief place with 2x leverage at $14.7. The brief can be liquidated if the Trump token’s value rises above $21.50, in response to Lookonchain.
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Memecoins have been the second-biggest crypto sector in Q1
Memecoins have been the second-most-dominant cryptocurrency funding narrative within the first quarter of 2025, reflecting that the market remains to be recycling previous narratives.
Memecoins captured round 27% of the worldwide investor mindshare, whereas synthetic intelligence tokens held over 35%, in response to a quarterly analysis report by CoinGecko.
“Looks like we’ve got but to see one other new narrative emerge and we’re nonetheless following previous quarters’ developments,” stated Bobby Ong, the co-founder and chief working officer of CoinGecko, in an April 17 X put up.
Nevertheless, the launch of the TRUMP token and its disappointing efficiency could have marked the tip of the memecoin supercycle, which noticed the weekly utilization exercise on memecoin launchpad Pump.enjoyable stage a major decline — from 2.85 million lively wallets on the week of Jan. 20, to only 1.44 million as of March 31.
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